Sell the rally in July 2010? Another example of why you should not let politics/ ideology influence your investing.
Jul 16, 2010
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
"Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries." -Bill Gross
Initial Jobless Claims for the week ended Feb 18th totaled 351k, 4k less than expected but the prior week was revised up by 3k to 351k. The 4 week average did fall to 359k from 366k, the lowest since Mar '08. Continuing Claims fell by 52k to the lowest since Aug '08. Also, Extended Benefits fell a net 69k. Bottom line, the data still points to a labor market that continues to improve however lumpy the process feels for many. ...
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May 25th, 2011 at 3:10 pm
Dave Rovelli is a whinny idiot and doesn’t deserve to be in the 40% tax bracket. Faced with the commentators remarks about companies gearing up to spend, all he can say is “hey, look at it from my perspective…..”
Great, thanks for the economic insight from your grossly overpaid New Jersey ass-wipe of a state perspective. Here’s some perspective for you David, in the Nixon era the top income tax bracket was 72% and there were still plenty of rich guys back then.
May 25th, 2011 at 4:39 pm
how hilarious, that guy repeated so much shit
of course the best being “uncertainty isn’t good for the market”
as opposed to when the net of market participants are very certain about the future
what year was that again?
RIP Mark Haines
May 25th, 2011 at 11:11 pm
To be fair you could have been selling the rally in July 2010, and buying this starting Aug 27, 2010:
Bernanke Says Fed Will Do `All It Can’ to Ensure U.S. Recovery
http://www.bloomberg.com/news/2010-08-27/bernanke-says-fed-will-do-all-it-can-to-ensure-u-s-economic-recovery.html
That strategy would’ve worked just fine. Don’t fight the fed.
But yes Mark Haines wipes the floor with Dave Rovelli here. RIP
May 26th, 2011 at 5:23 pm
Mark had courage, a rare quality.